AIDA
Real Estate Artificial Intelligence Digital Assistant
Disclaimer
AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.
Some features are limited, with full access granted only to our clients and real estate agents representing ITRealty.
All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy.
Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.
AIDA's CMA is taking into account real estate market fluctuations for given type properties in the city and neighborhood, so sometimes CMA may significately vary from the prices properties are listed at.
Please check below on the page for what AIDA is not including into the CMA.
Comparative Market Analysis for MLS# W5108047
$2,100
1br 1ba 600-699sf
Water
Y Heating
Y Hydro
N Parking
Y
Please Login for the Map View
Property Details Provided By
Listed By
ROYAL LEPAGE MAXIMUM REALTY, BROKERAGE
Learn more about this property:
MLS# W5108047 Listing Details
Among all comparable properties rented in condo located at 2240 Lake Shore Boulevard West in Mimico in Toronto from Jan 2018 to Mar 2021, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:Minimum Rent Adjusted was:$1,879
Maximum Rent Adjusted was:$2,250
AIDA's ESTIMATE (based on 11 properties) AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:$XXX,XXX
Which makes the Asking Price ($2,100) than AIDA's Appraised Value by:$XX,XXX
Or, in percentage equivalent, by:XX%
Notes• Condo lockers are not taken into account.• Upgrades and quality of renovation are not taken into account.
Comparables
AIDA found 11 comparable properties rented out in condo located at 2240 Lake Shore Boulevard West in Mimico in Toronto from Jan 2018 to Mar 2021
Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.
Sold on Floor Unit# Address Exp SQFT Bed • Bath Gar Spaces Sold Price Time Adj % Time Adj Price 2018-04-11 *** 1608 2230 Lake Shore Blvd W Se 600-699 1+1 • 1 1.0 $2,200 2.26% *** 2018-04-12 *** 202 2240 Lake Shore Blvd Sw 600-699 1+0 • 1 1.0 $1,900 2.26% *** 2018-05-16 *** 2801 2240 Lake Shore Blvd W S 600-699 1+1 • 1 1.0 $2,200 0.41% *** 2018-09-07 *** 2201 2240 Lake Shore Blvd W S 600-699 1+1 • 1 1.0 $2,200 -4.28% *** 2018-09-13 *** 1403 2240 Lake Shore Blvd W W 600-699 1+0 • 1 1.0 $2,100 -4.28% *** 2018-09-28 *** 1108 2230 Lake Shore Blvd W Se 600-699 1+0 • 1 1.0 $2,100 -4.28% *** 2018-10-12 *** 2705 2230 Lake Shore Blvd W Ne 600-699 1+1 • 1 1.0 $2,000 -6.04% *** 2018-10-23 *** 2901 2230 Lake Shore Blvd W S 600-699 1+1 • 1 1.0 $2,250 -6.04% *** 2018-10-25 *** 2308 2240 Lake Shore Blvd W S 600-699 1+1 • 1 1.0 $2,250 -6.04% *** 2019-01-30 *** 2308 2240 Lake Shore Blvd W S 600-699 1+1 • 1 1.0 $2,200 -6.08% *** 2019-02-25 *** 3003 2230 Lake Shore Blvd Sw 600-699 1+0 • 1 1.0 $2,000 -5.26% ***
Mimico, Toronto Sales History
More
Mimico, Toronto: Overall Sales Statistics for Condos
Neighborhood Sales Statistics
Neighborhood Rent Statistics
608 2240 Lake Shore Boulevard West Property & Location Overview Powered by AIDA
Listing Overview
General:
608 2240 Lake Shore Boulevard West is a condo apt apartment, located in Mimico of city of Toronto, Toronto region, near Lake Shore & Park Lawn, and has been available for lease on ITRealty since 2021-02-08. This unit is located at level 7 of the building and has South exposure of Lake Shore W Blvd. Condo registry office is TSCP, corporation number 2205.
Lot Size and Living Area:
608 2240 Lake Shore Boulevard West has 4+1 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
Living area of this condo unit is within the range of 600-699 square feet. 2240 Lake Shore Boulevard West building was built appriximately 6-10 years ago.
1.0 parking space(s) are owned and located undergrnd at level . The locker is owned. A ensuite laundry is available at this condo &(type).
Heating and Cooling:
The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.
Listing Features:
AIDA has also found the following features: Open Concept, Motivated Seller Indications, Waterfront/Near a Lake, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.
Price & Cost Overview
General:
608 2240 Lake Shore Boulevard West condo apt is listed for $2,100.
Comparative Market Analysis:
There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,024.
Visit a customized Comparative Market Analysis page for more details.
Location Overview
General:
Mimico, where 2240 Lake Shore Boulevard West is located, has $766,253 Home Price Index, and $2,410 Home Rent Index. Average household income at dissemination area of 2240 Lake Shore Boulevard West is $83,200, and average polulation age is 39 years old.
Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $1,073,565, and average Home Rent Index $2,524.
Similar Properties & Community Details:
There are similar to 608 2240 Lake Shore Boulevard West 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
Learn about the prices of Recently Sold Condos and Recently Rented Condos near 2240 Lake Shore Boulevard West.
You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Mimico neighborhood in city of Toronto.
Walkscore, Transitscore, and Bikescore:
With Walkscore, Transitscore, and Bikescore of 53, 64, and 72 accordingly, location of 2240 Lake Shore Boulevard West overall can be described as Somewhat Walkable, Good Transit, and Very Bikeable.
608 2240 Lake Shore Boulevard West Listings History Powered By AIDA
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Mimico, Toronto Sales & Rent History Powered by AIDA
Disclaimer
All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy.
Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.
City of Toronto Condos MOI (Months of Inventory)
Last month sales statistics:
It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (14 days).
Sellers are not likely to negotiate the price, but it is easier to sell your own property.
Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
How often similar homes get rented?
You may expect 83 to 101 properties like that to be sold in Mimico during the next 30 days.
Seasonal sales fluctuation is showing 0% inventory increase comparing to the average annual number, which is equvalent to 91.92 properties sold per month, and 0% increase comparing to the last six months.
How soon can it be sold?
This property has been on the market for 27 days, which is exactly equivalent to the recent sales average, and may not stay on the market for long if the price is negotiable by the seller.
Seasonal sales fluctuation is showing 14% D.O.M. increase comparing to the average annual number, which is equvalent to 23 D.O.M., and 9% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
At what price can it be sold?
Similar properties currently sell at 1.14% below its asking price in Mimico.
The selling to asking price ratio is slighyly growing, as this housing type demand remains stable in Mimico.
Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W5108047 Comparative Market Analysis
Have Questions? We can help.
Every property is different. Automated appraisals can't accurately tell you how much a property is really worth.
Talk to an expert to find today's market price for any given property before you put in an offer. Free no obligation property evaluation. Limited to our clients only.
Have a property to sell?
Ask us for a comprehensive property evaluation at no charge, based on the Comparative Market Analysis and the personal experience of local agents.
Free Property Evaluation
Disclaimer
AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.
Some features are limited, with full access granted only to our clients and real estate agents representing ITRealty.
All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.
AIDA's CMA is taking into account real estate market fluctuations for given type properties in the city and neighborhood, so sometimes CMA may significately vary from the prices properties are listed at.
Please check below on the page for what AIDA is not including into the CMA.
Comparative Market Analysis for MLS# W5108047
$2,100
1br 1ba 600-699sf
Water
YHeating
YHydro
NParking
YPlease Login for the Map View
Property Details Provided By
Listed By
ROYAL LEPAGE MAXIMUM REALTY, BROKERAGE
Learn more about this property:
MLS# W5108047 Listing Details$1,879
$2,250
$XXX,XXX
$XX,XXX
XX%
Comparables
AIDA found 11 comparable properties rented out in condo located at 2240 Lake Shore Boulevard West in Mimico in Toronto from Jan 2018 to Mar 2021
Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.
| Sold on | Floor | Unit# | Address | Exp | SQFT | Bed • Bath | Gar Spaces | Sold Price | Time Adj % | Time Adj Price | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018-04-11 | *** | 1608 | 2230 Lake Shore Blvd W | Se | 600-699 | 1+1 • 1 | 1.0 | $2,200 | 2.26% | *** | |
| 2018-04-12 | *** | 202 | 2240 Lake Shore Blvd | Sw | 600-699 | 1+0 • 1 | 1.0 | $1,900 | 2.26% | *** | |
| 2018-05-16 | *** | 2801 | 2240 Lake Shore Blvd W | S | 600-699 | 1+1 • 1 | 1.0 | $2,200 | 0.41% | *** | |
| 2018-09-07 | *** | 2201 | 2240 Lake Shore Blvd W | S | 600-699 | 1+1 • 1 | 1.0 | $2,200 | -4.28% | *** | |
| 2018-09-13 | *** | 1403 | 2240 Lake Shore Blvd W | W | 600-699 | 1+0 • 1 | 1.0 | $2,100 | -4.28% | *** | |
| 2018-09-28 | *** | 1108 | 2230 Lake Shore Blvd W | Se | 600-699 | 1+0 • 1 | 1.0 | $2,100 | -4.28% | *** | |
| 2018-10-12 | *** | 2705 | 2230 Lake Shore Blvd W | Ne | 600-699 | 1+1 • 1 | 1.0 | $2,000 | -6.04% | *** | |
| 2018-10-23 | *** | 2901 | 2230 Lake Shore Blvd W | S | 600-699 | 1+1 • 1 | 1.0 | $2,250 | -6.04% | *** | |
| 2018-10-25 | *** | 2308 | 2240 Lake Shore Blvd W | S | 600-699 | 1+1 • 1 | 1.0 | $2,250 | -6.04% | *** | |
| 2019-01-30 | *** | 2308 | 2240 Lake Shore Blvd W | S | 600-699 | 1+1 • 1 | 1.0 | $2,200 | -6.08% | *** | |
| 2019-02-25 | *** | 3003 | 2230 Lake Shore Blvd | Sw | 600-699 | 1+0 • 1 | 1.0 | $2,000 | -5.26% | *** |
Mimico, Toronto Sales History More
Mimico, Toronto: Overall Sales Statistics for Condos
Neighborhood Sales Statistics
Neighborhood Rent Statistics
608 2240 Lake Shore Boulevard West Property & Location Overview Powered by AIDA
Listing Overview
General:
608 2240 Lake Shore Boulevard West is a condo apt apartment, located in Mimico of city of Toronto, Toronto region, near Lake Shore & Park Lawn, and has been available for lease on ITRealty since 2021-02-08. This unit is located at level 7 of the building and has South exposure of Lake Shore W Blvd. Condo registry office is TSCP, corporation number 2205.
Lot Size and Living Area:
608 2240 Lake Shore Boulevard West has 4+1 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
Living area of this condo unit is within the range of 600-699 square feet. 2240 Lake Shore Boulevard West building was built appriximately 6-10 years ago.
1.0 parking space(s) are owned and located undergrnd at level . The locker is owned. A ensuite laundry is available at this condo &(type).
Heating and Cooling:
The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.
Listing Features:
AIDA has also found the following features: Open Concept, Motivated Seller Indications, Waterfront/Near a Lake, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.
Price & Cost Overview
General:
608 2240 Lake Shore Boulevard West condo apt is listed for $2,100.
Comparative Market Analysis:
There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,024.
Visit a customized Comparative Market Analysis page for more details.
Location Overview
General:
Mimico, where 2240 Lake Shore Boulevard West is located, has $766,253 Home Price Index, and $2,410 Home Rent Index. Average household income at dissemination area of 2240 Lake Shore Boulevard West is $83,200, and average polulation age is 39 years old.
Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $1,073,565, and average Home Rent Index $2,524.
Similar Properties & Community Details:
There are similar to 608 2240 Lake Shore Boulevard West 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
Learn about the prices of Recently Sold Condos and Recently Rented Condos near 2240 Lake Shore Boulevard West.
You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Mimico neighborhood in city of Toronto.
Walkscore, Transitscore, and Bikescore:
With Walkscore, Transitscore, and Bikescore of 53, 64, and 72 accordingly, location of 2240 Lake Shore Boulevard West overall can be described as Somewhat Walkable, Good Transit, and Very Bikeable.
608 2240 Lake Shore Boulevard West Listings History Powered By AIDA
Mimico, Toronto Sales & Rent History Powered by AIDA
Disclaimer
All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.
City of Toronto Condos MOI (Months of Inventory)
It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (14 days).
Sellers are not likely to negotiate the price, but it is easier to sell your own property.
Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
How often similar homes get rented?
Seasonal sales fluctuation is showing 0% inventory increase comparing to the average annual number, which is equvalent to 91.92 properties sold per month, and 0% increase comparing to the last six months.
How soon can it be sold?
Seasonal sales fluctuation is showing 14% D.O.M. increase comparing to the average annual number, which is equvalent to 23 D.O.M., and 9% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
At what price can it be sold?
The selling to asking price ratio is slighyly growing, as this housing type demand remains stable in Mimico.
Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W5108047 Comparative Market Analysis
Have Questions? We can help.
Every property is different. Automated appraisals can't accurately tell you how much a property is really worth.
Talk to an expert to find today's market price for any given property before you put in an offer. Free no obligation property evaluation. Limited to our clients only.
Have a property to sell?
Ask us for a comprehensive property evaluation at no charge, based on the Comparative Market Analysis and the personal experience of local agents.
Free Property Evaluation